CENNZnet to offer improved fan experience at Australian Grand Prix

CENNZnet to offer improved fan experience at Australian Grand Prix
CENNZnet, New Zealand's biggest public blockchain and autonomous applications platform, has reportedly been hired by Power'd Digital to implement the Formula 1 Heineken Australia Grand Prix's 2022 AusGP Access program. According to sources, this would be the first use of the CENNZnet platform, and more particularly, the NFT runtime module, in a live event experience setting. Power'd choose the CENNZnet platform to offer

NMKR and NewTek partner to integrate real-life assets into Web3

NMKR and NewTek partner to integrate real-life assets into Web3
NMKR, a leading blockchain firm, has reportedly inked a partnership deal with NewTek Holdings to integrate real-world assets into Web3, starting with high-end real estate developments in Dubai. Safi Qurashi, CEO of the recently founded NewTek, and Patrick Tobler, founder, and CEO of NMKR, have agreed to develop a number of NFTs supported by real estate and commodities on the Cardano blockchain. The two businesses think that the move will he

Greenacre to build blockchain-based application for African farmers

Greenacre to build blockchain-based application for African farmers
A new collaboration between Boston University's Global Development Policy Center (GDP Center), and the Rafik B. Hariri Institute for Computing & Computational Science and Engineering, called the Hello Tractor, will reportedly be led by Jonathan Greenacre, Assistant Professor of International Relations at the Frederick S. Pardee School of Global Studies, who will also play a crucial role in the Algorand Foundation. With funding from the

Galoy raises $4Mn; Unveils Stablesats to strengthen product portfolio

Galoy raises $4Mn; Unveils Stablesats to strengthen product portfolio
Galoy, a developer of Bitcoin banking software and creator of the Bitcoin Beach Wallet, has recently made it to the news for 2 new developments. The first is that the fintech startup has successfully raised $4 million from strategic investors to innovate a bitcoin-native banking framework and second being the introduction of bitcoin-supported synthetic dollar product. Although Hivemind Ventures headed the funding round, the current funding

8,000 Solana crypto wallets drained of $6 million after hacking attack

8,000 Solana crypto wallets drained of $6 million after hacking attack
Blockchain platform, Solana, has reportedly been hit by a serious cyberattack, where the attackers drained almost $6 million from thousands of wallets that were linked with its crypto network. Reliable reports cite that a malicious actor took out funds from approximately 8,000 wallets linked to Solana, with the platform’s backer, the Solana Foundation, confirming the attack through an official statement. The Solana wallets work simila

DigiFT launches the first regulation-abiding digital token exchange

DigiFT launches the first regulation-abiding digital token exchange
Singapore-based financial service provider, DigiFT Tech, has reportedly announced that it has successfully listed a decentralized digital asset listed by Singapore-based financial institution, Diners Club (Singapore) Pte Ltd, (DCS). S per reports, this is the first rollout of a regulatory-compliant digital token on Ethereum, a public chain, with an AMM (Automatic Market Maker) liquidity pool. Contrary to conventional exchanges, the AMM offe

OrBit bags $4.6M to accelerate tech development & expand its footprint

OrBit bags $4.6M to accelerate tech development & expand its footprint
OrBit Markets, an influential liquidity provider in crypto & structured products, has reportedly secured $4.6 million in a recently held angel funding round. As per sources, the round was headed by Matrixport, one of the leading digital assets financial services networks, with participation from Brevan Howard Digital, Maven 11, New Form Capital, and Westridge Markets. The funds raised will be used to boost the development of the firm&rsquo

Gate.io unveils nation-based site at Blockchain Economy Summit Türkiye

Gate.io unveils nation-based site at Blockchain Economy Summit Türkiye
Gate.io, one of the leading global cryptocurrency exchanges, has unveiled its first-ever nation-specific site, Gate Türkiye, during Blockchain Economy Istanbul Summit, which is currently ongoing in Türkiye. Kafkas Sönmez, Country Head, Gate Türkiye, said that the firm is extremely excited to reveal the latest Gate Türkiye site and believes Blockchain Economy Summit is the perfect opportunity for doing so. The platform

Japanese bank SMBC to enter Web3 and NFT, partners with Hashport

Japanese bank SMBC to enter Web3 and NFT, partners with Hashport
Sumitomo Mitsui Banking Corporation (SMBC), Japan’s second largest bank, has reportedly announced that it will be expanding into digital asset (cryptocurrency) businesses, with a focus on Web3 platforms and non-fungible tokens (NFTs). In a press release, the bank stated that it would be collaborating with Hashport, a Japanese firm offering listing and tokenization services, to launch a token business lab with new technologies. SMBC wi